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Investor Presentaiton

Illustrative Timeline to First Lithium¹ Year -1 Year O Year 1 Year 2 LAKE RESOURCES Year 3 Months 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 Corporate Operations Pre-FID Equity Raise¹ Strategic partner process (JV)² ECA debt raise process² EIA Approvals² EPCM & Power FEED(s)² FID • Strategic Partnering (JV) Process: Completion anticipated Q3 - Q4 2024 ● Post-FID First Production Construction & Commissioning² EPCM and Power FEED: Completion anticipated 9 – 12 months after Strategic Partnering Process Final Investment Decision (FID): 9 - 12 months after completion of Strategic Partnering process First Lithium: 30 months after FID 1 Refer to ASX announcement dated March 4, 2024. 2 Timing is indicative only and subject to change. This timeline has been prepared solely on the basis of information that has been released to the market and no other information. 15
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